Dubai Real Estate Blog

Real Estate Market in Dubai

October 15th, 2009

Will All Earthquake Worries Soon Be A Thing Of The Past?

Twin Towers in Dubai
Twin Towers in Dubai

It is true, Dubai is not a terribly earthquake-prone part of the world anyway – but on the other hand, nobody knows what’s going on in the center of our planet and where the next big one is really going to strike. So we all might find some comfort in the fact that the Dubai Technology and Media Free Zone Authority just a few days ago unveiled some new analysis and earthquake engineering software for the evaluation of high-rise towers under its jurisdiction. After all in Dubai, the building of high-rises has gone to some fascinating new dimensions. Personally, I am very glad that this has been done by the authorities. And according to the buzz around computer programmers, this new software is really quite revolutionary. Read the rest of this entry »

October 13th, 2009

Iraq’s Recovering Real-Estate Market Gives Boost To The Whole Gulf

Sunrise in Baghdad

Dubai is an extremely wealthy – and healthy! – business location; nobody can seriously deny this. So when financial advisers talk about the risks that are related to the beautiful Emirate, they do not so much talk about Dubai itself – but rather about its surroundings. It has been said that it finds itself “in a bad neighbourhood- and the implication of this is that this poses a permanent danger to its stability. Read the rest of this entry »

October 13th, 2009

It’s October in Dubai :-)

Now YOU can be jealous of us.

It is true – in July and August WE often were the jealous ones – because those months in Dubai are not always so bearable… But who cares! In September it got a lot better and now in October it is really cool. Note that by cool I don’t mean the temperature.

In the summer Dubai was a furnace. And don’t get me wrong, it is still hot – but then also I would say that now it is JUST RIGHT! What really matters is that the humidity of the air is a lot lower. This fact makes all the difference in the world. Temperature-wise, actually just a few degrees were dropped. But the subjective difference is HUGE!

And maybe I am also being slightly malicious. Now I don’t care that sometimes during the summer I caught myself fantasizing about Europe – NOW all the news I get from there are about snow, rain, and wind. Call me malicious – but that makes me feel great!

Like everywhere in the Western world – and of course Dubai does belong to it! – the spirit of Christmas is already visible – especially when one goes shopping. In the malls more and more Christmas tree are already being put up. It’s strange somehow – I know that this is an Islamic country, yet I see all those decorations. Yes, Christmas here is definitely very different than in Europe.

For sure there won’t be snow… That much is a given if one considers the average temperature in December: A perfect 21 degrees centigrade!

No snow… But wait a minute, we got huge artificial islands, an artificial creek, certainly artificial watering all over the place – so why not build a machine that makes it snow!? After all this is Dubai, the city that makes dreams come true! I’ll have to talk to the Emir…

October 10th, 2009

Is Dubai an Islamic Country?

Sheikh Zayed Mosque in Abu Dhabi

The answer to this question has to be Yes – but nevertheless this matter is more complicated than one might think. Read the rest of this entry »

October 6th, 2009

Dubai’s 15 Minutes of Financial Crisis Seem To Be Over – For Now?

Cranes in Dubai

The economic meltdown of the autumn of 2008 hit Dubai quite significantly. Many development projects had to be put on hold. The Emirate, which heavily relies on tourism, received far smaller numbers of foreign visitors – and that was seen as a rather serious situation.

If one revisits the Gulf-metropolis now, what does one encounter? Read the rest of this entry »